Germany’s economy faces a potential loss of $18 billion due to proposed increases in United States trade tariffs. Economic analysts suggest that a new era of protectionist policies, including higher duties on international imports, could significantly impact German exports and overall industrial production. As Europe’s largest economy already navigates a period of stagnation, these trade barriers threaten critical sectors such as automotive manufacturing and chemicals. European officials are now assessing the potential for trade retaliations and the broader implications for global supply chains and international economic stability.
- Proposed U.S. trade policies include a 10% to 20% tariff on all imports and a significantly higher 60% tariff on goods from China.
- The German Economic Institute (IW) estimates that a significant trade conflict could cost the German economy approximately $18 billion or more in lost output.
- Key German industries, including automotive, machinery, and chemicals, are particularly vulnerable due to their reliance on transatlantic exports.
- Economists warn that these measures could lead to a broader trade war, potentially reducing global GDP and disrupting international supply chains.
- The European Union is reportedly preparing retaliatory measures to protect its domestic markets if the tariffs are implemented.
- Germany is currently facing structural economic challenges, and additional trade barriers could further suppress its recovery and long-term growth prospects.
France 24 is an international television network and news website owned by the French state.
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The fact is, the Europeans haven't implemented the agreement, Trump should put 50% tarrifs, i think Trumps being nice.
Nice
If Americans have paid 97% of Trump tariffs, how much extra will these new tariffs cost them ?
Hey Germany… do these tariff feels like a strategy? Good. Now imagine something 100% worse, and that’s what we’re doing to Iran. Just because you don’t understand the effectiveness of a blockade, does not mean the US doesn’t have a plan. Trump,PLEASE GET US OUT OF NATO AND AWAY FROM THESE DEAD BEAT AND FREE LOADING EUROPEANS!
"could" is doing so much heavy lifting there it might break a spine. you can, and crutialy normaly, do better france24
Illegal tariffs from an illegal president. The US Constitution makes it perfectly clear that only congress has the authority to levy taxes.
The US holds 1/3 of the world's wealth. Other countries aren't screwing the US. The American oligarchy is screwing the American working class. Tax cuts for the wealthy have transferred all of our nation's wealth from consumers to hoarders.
"New tariff hike could cost U.S. Consumers $18BN". There. I fixed it for you.
Good.
Now Cancel the Trade Deal, get the Trade Bazooka out and Tarriff the Crab out of the US.
For Imports.
500% Tarriff on all US Goods that can be eadily Replaced from other Countries.
10% on all US Goods we cannot Replace.
With the Proceeds from both going into Subsidizing these Industries for Goods we cant get elsewhere to move to the EU.
For Exports.
100% on all EU Exports the US has no other Options for.
And 200% for the Critical Parts.
For Services of US Companies in Europe.
A 80% Tax on all Tech and Service Profits from US Companies which are moved out of the EU instead of being Reinvested here.
The EU needs to Grow Balls and Accept a Shortterm Pain to avoid Longterm Destruction.
Germany is most likely in recession now
Your next frogs…
The US is now a facist dictatorship
Wake up and walk away
You keep it up Trump . Antagonize the world …………. let's see where that gets the u.s.
Time to release the EU Bazooka against the US. Macron was right.
i was told this would only affect americans
(they dont want eurotrash cars lol)
The votes of America should be proud of the president who is destroying the the United State of America and the world!!…………….
we need to help germany and add tarrifs on the US with the entire EU
Macron was right. The EU shoudl launch the Bazooka against the US
After blowing up the nord stream, now this. Everybody knows the brutal reality.
Just put tax on us tech
Its about time there was a regime change in America The whole world would be better off .
Perhaps the reduction should happen within two weeks, not take six months to a year.
Europe has to accept President Trump's impositions in total silence without the right to reply, because the security of the European continent is under the umbrella of the USA. Without our protection, Europe is in the crosshairs of the Russians. Certainly, the Europeans will not retaliate against the tariff sanctions that Trump ordered against Europe because the majority of their leaders, heads of state, and commander-in-chief are subordinates and lackeys of Washington, so they will not respond!
Just remove American tech companies and use more euro in international trade
Car industry everywhere is under threat anyway because they won't be able to compete with Chinese EVs. For now we tariff them into oblivion to protect our industries, at the expense of consumers, but it won't go on forever. At a certain point they must adjust.
Cant wait to see America in recession so Americans get what they voted for
This is madness!
Blockade the USA